Financial institutions handle sensitive client data every day, making them prime targets for cyber threats. In 2021, 55% of financial organisations suffered a ransomware attack (a 34% increase from 2020).
Remaining compliant and secure is vital, and a reason why independent financial advisors (IFAs) must take the necessary steps to safeguard the sensitive information they deal with. Obtaining Cyber Essentials Plus certification is an effective way to achieve this.
This is where CyberSmart comes in. Designed to simplify compliance and security, CyberSmart equips MSPs with the tools they need to keep their clients in the financial sector compliant, audit-ready, secure, and ahead of the game. Here’s how CyberSmart transforms the compliance experience.
1. Taking the stress out of compliance
Cyber Essentials compliance can be complex and overwhelming. CyberSmart streamlines this process by providing intuitive tools that help businesses meet all the necessary requirements. By automating tedious tasks and reducing manual back-and-forth, CyberSmart ensures that audits are no longer a dreaded event but a manageable one.
For IFAs, achieving Cyber Essentials Plus certification is particularly important. This certification involves an in-depth technical verification process that ensures all necessary controls are in place to guard against common cyber threats. Staying compliant protects sensitive data and reinforces trust with clients and regulators.
2. Staying ahead of the game
Cybersecurity isn’t a one-and-done deal; it requires vigilance. CyberSmart provides:
- Round-the-clock monitoring, making continuous compliance achievable. CyberSmart flags potential risks before they escalate into serious issues, ensuring clients are always one step ahead.
- Protection from 99.8% of the most common cyberattacks.
- Straightforward compliance, supporting organisations to achieve Cyber Essentials quickly and efficiently.
3. One dashboard for all clients
CyberSmart’s centralised dashboard makes managing multiple clients simple. Service providers can oversee every client from a single interface.
- Comprehensive device monitoring: CyberSmart continuously tracks the five controls that form the Cyber Essentials framework, reporting back to the centralised portal every 15 minutes.
- Clear risk scores—See overall risk scores of security health from different sources in one view.
4. Reporting for audits
Auditors love detailed documentation, and CyberSmart delivers it with ease. The platform generates ready-to-go reports that:
- Showcase clear statuses, from strengths to where there are gaps which need attention.
- Demonstrate security and act as documentation for compliance audits.
- Showcase commitment to cybersecurity procedures and how defences have been addressed and improved over time.
These reports streamline auditing processes and demonstrate to stakeholders and auditors that an organisation is serious about maintaining robust cybersecurity.
5. Cyber confidence with CyberSmart’s security framework
CyberSmart does more than check compliance boxes; it builds confidence in your client's ability to safeguard their digital assets. By implementing CyberSmart's security framework, you can help protect your financial clients from threats such as data breaches, cyberattacks, and unauthorised access. Beyond compliance, this proactive approach instils a culture of security-first thinking.
Why CyberSmart is perfect for financial clients
Financial audits are high-stakes events requiring unparalleled precision and adherence to strict standards. CyberSmart ensures financial clients are prepared to meet expectations with ease. As their provider, you'll benefit from a reliable, comprehensive solution that keeps them secure, compliant, and audit-ready year-round. Whether streamlining documentation, managing vulnerabilities, or providing real-time insights, CyberSmart equips you to deliver unmatched service.
In a world where financial data security is paramount, CyberSmart is an indispensable partner for MSPs and their financial clients. By simplifying compliance, ensuring continuous monitoring, and utilising a centralised dashboard, CyberSmart helps deliver peace of mind and operational efficiency.
Equip your clients with the confidence to face audits head-on while positioning yourself as a trusted cybersecurity leader. When it comes to compliance and security, there’s no room for compromise, which is why so many providers choose CyberSmart.
For further information about CyberSmart, please contact our team, who would be happy to schedule a demo